STORY OF THE WEEK
Trei Real Estate plans further expansion in CEE despite tightening financing conditions

Story of the week

18
Jan
2021

Trei Real Estate plans further expansion in CEE despite tightening financing conditions

by Ákos Budai
For Germany-based real estate investor and developer Trei Real Estate, 2020 was a successful year thanks to the fact its portfolio mostly includes assets that were hardly affected by the pandemic. Pepijn Morshuis, CEO of Trei Real Estate talked to Property Forum about the experiences gained during 2020, changing financing conditions and the company’s plans for 2021.
Read more >

Report

20
Jan
2021

Colliers predicts 50% surge in global property investment

by Property Forum
Globally, there is set to be a 50% surge in investment into commercial real estate in the second half of the year, predicts Colliers International in its new Global Capital Markets 2021 Investor Outlook paper. In EMEA, the momentum continues in the industrial and logistics and living sectors which are less dependent on economic growth. Investors are also particularly interested in core office stock, albeit selectively, with some 32 per cent of respondents looking to invest in the sector.
Read more >
Colliers predictions for the Romanian market in 2021 PRS in Poland seems to be pandemic-proof Asian investors dominated Slovakia’s investment market in 2020

Industrial

20
Jan
2021

Europe’s logistics market to grow by 14% in 2021

by Property Forum
European logistics real estate markets have not suffered last year from the COVID-19 pandemic. Due to fast-growing e-commerce and higher inventory levels of producers, the total expected take-up in 11 European countries of 23.6 million sqm for 2020 is only 3% down compared with the record year 2019. The forecasts for this year are even better with an expected take-up of 27 million sqm – an increase of 14%. Particularly large logistics real estate markets like Germany, France, the Netherlands and Poland are expected to grow substantially.
Read more >
Amazon announces a new investment in Poland Carrefour extends its lease in P3 Bucharest A1 Uniq Logistic signs another lease with MLP Group

Investment

20
Jan
2021

Investment volume in Romania up to €914 million in 2020

by Property Forum
The total volume invested in real estate assets in Romania reached €914 million in 2020, a 28% increase compared 2019, according to the Romania Investment Marketbeat launched by Cushman & Wakefield Echinox.
Read more >
ALFI RE fund buys retail park in Poreč, Croatia M7 acquires Budapest office building for €12 million Investors will look for warehouses and PRS projects in Poland

Office

20
Jan
2021

Wing completes office revitalisation project in Budapest

by Property Forum
Wing completed the development of the revitalised Gizella Loft office building, in the heart of Zugló, in fall 2020. The building offers 8,500 sqm of office space. Its redevelopment has transformed it into a Class A, people-oriented and cost-efficient space ready to welcome future tenants. The main tenant which had already occupied the building, TÜV Rheinland Intercert Kft., committed itself to the Gizella Loft in 2019, and in September 2020 took occupancy of the space designed according to its needs.
Read more >
Helaba is financing the acquisition of LIXA in Warsaw Skanska signs largest ever office lease in Poznań C&W Echinox to manage one more Bucharest office building

Retail

18
Jan
2021

Retail parks continue to grow in turbulent times

by Property Forum
The COVID-19 pandemic has left hardly any business or industry untouched and retail real estate industry has also been affected. The last twelve months were marked by three lockdowns that helped change the shopping habits of Poles, lower developer activity, and increase the popularity of smaller retail formats, JLL analysts say.
Read more >
New retail brands continue to enter the Czech market COVID-19 has accelerated foodservice trends Crestyl to issue bonds to finance Prague mixed-use project

Career

18
Jan
2021

CPI sells stake in Czech FM business to M2C

by Property Forum
CPI Property Group has sold part of its Czech facility management business to M2C, which provides security, maintenance and cleaning services. Employees from the existing facility management division will be transferred to M2C.
Read more >
Globalworth appoints Marian Popa as MD for Romania 7R strengthens its investment team Property Forum is looking for a CZ/SK editor

Residential

18
Jan
2021

Opus Land to invest €29 million in Bucharest

by Property Forum
Opus Land continues to invest in Cosmopolis, a residential project near Bucharest, where construction work was started in 2007. €22 million will be allocated for the construction of 500 new homes and €7 million are for increasing the commercial area of the strip mall, SVN Romania, the exclusive agent of the project, announced.
Read more >
CEE continues to record strong house price growth Belgrade Waterfront progresses with two more resi buildings A record year also for Cavatina Capital Group

Economy

14
Jan
2021

CEE economies to grow robustly in 2021 and beyond

by Property Forum
The stable 2021 outlook for sovereigns in Central and Eastern Europe (CEE) reflects their robust economic growth prospects and strengthened ability to carry and reduce debt, which make their credit profiles resilient to the sharp deterioration of their public finances in 2020, Moody's Investors Service said in a report published today. Ageing populations and structural economic change will remain longer-term challenges for the region.
Read more >
CEE manufacturing PMIs show stalled recovery at the end of Q3 2020 Hungary to create flexible home office regulations Austrian PMI sinks to record low

Interview

23
Dec
2021

Prologis bets on last mile warehouses and automation solutions

by Michał Poręcki
Paweł Sapek, Senior Vice President, Regional Head CE & Country Manager of Prologis talked to Property Forum about the state of the warehouse market, the changing expectations and demands of tenants and new challenges for the nearest future. 
Read more >
Ghelamco focuses on business fluency and makes new long-term plans GTC looks for new investment opportunities despite COVID-19’s impacts Speedwell moves ahead at full speed with life/work balance in focus

Hotel

22
Dec
2021

Hoteliers in Romania try their best to survive COVID-19

by Property Forum
A survey prepared by Cushman & Wakefield in partnership with FIHR, targeting Romanian hoteliers, was launched in November 2020 to understand the impact of COVID-19 on the Romanian hotel industry and their perspectives on the outlook of this sector. This survey is the second instalment after a previous questionnaire that was launched in April 2020. The intention is to gain the appropriate attention and appeal to authorities for more meaningful and targeted support towards our hospitality sector. Cushman & Wakefield and FIHR remain committed to ensuring that the industry receives appropriate support by collecting and analysing available data and appealing to authorities.
Read more >
Delta to invest €130 million in Belgrade mixed-use project Budapest hotels face more challenges due to COVID-19 Ott Ventures launches €500 million CEE hotel fund

New leases

  • Food retailer Mega Image Romania leased a warehouse with a total area of 4,500 sqm, with temperature-controlled zones and office spaces within Chitila Logistics Hub, developed by Globalworth and Global Vision.
  • Primark has signed a lease agreement to open a store in the Silesia City Center shopping mall in Katowice, owned by ECE Polska, in 2023.
  • Engineering plastics producer Terez Performance Polymers has leased more than 5,000 sqm of warehousing space at 7R City Flex Rzeszów Airport. The tenant was advised for this transaction by Savills.

New appointments

  • Alexander Rafajlovič has joined CA Immo as Head of Market Research & Data Analytics. Based in Prague, he and his team will be responsible for coordinating, structuring, and analyzing all macro and market-related data across the region, as well as tracking, analysing and interpreting trends affecting CA Immo’s business, both for future investment and development opportunities, as well as the existing portfolio. He previously worked as Partner in Cushman & Wakefield’s CEE Capital Markets team.
  • Tomasz Czuba joins the Management Board of JLL Poland and is appointed Head of Office Agency and Tenant Representation.
  • JLL Poland has appointed Tomasz Puch to the Management Board, who will also take on the role of Head of Capital Markets in Poland.

Latest news




ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Budapest, Bucharest, Bratislava and Prague, amongst other locations.
MORE >

CONTACT

NEWSLETTER

Sign up today for the latest news

I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.

 

Property Forum © 2017 – 2021 | Terms & conditions | Privacy policy